The Number Of Norwegian Women Who Hold Cryptocurrency Has Doubled Matching Worldwide Patterns

  • Cryptocurrency ownership continues to rise on a global scale. According to a survey issued last week by KuCoin, over half of the German population is willing to invest in cryptocurrency, with women accounting for 53% of that total.
  • female ownership of crypto assets in Norway increased from 3% in early 2021 to 6% by March 30 this year. The online poll, which included 1000 Norwegians aged 15 and up, was done in collaboration with NORSTAT, one of Northern Europe’s major data collectors for market research services.
  • According to the survey, around 10% of the Norwegian population or 420,000 people currently own some kind of cryptocurrency.

According to a recent Arcane Research survey, the number of Norwegian women who hold cryptocurrencies has increased from 3% to 6% in just a year. According to a new survey, the number of women in Norway who possess some form of cryptocurrency will have doubled by 2021.

Female Creators Account For Only 5% Of Overall Market Sales In The NFT Sector

According to a poll done by Arcane Research and Ernst & Young, female ownership of crypto assets in Norway increased from 3% in early 2021 to 6% by March 30 this year. The online poll, which included 1000 Norwegians aged 15 and up, was done in collaboration with NORSTAT, one of Northern Europe’s major data collectors for market research services.

Almost two-thirds of female respondents indicated they bought cryptocurrencies for the first time in 2021. The gender gap in Norwegian crypto ownership has been expanding until this current survey, with female ownership holding stable at 3% from 2019 to early 2021. During the same time span, male ownership climbed from 6% in 2019 to 14% in 2022. According to the survey, around 10% of the Norwegian population, or 420,000 people currently owns some kind of cryptocurrency, reflecting a twofold increase in overall Norwegian crypto ownership since 2018.

Norway isn’t the only country where women are becoming more interested in cryptocurrency. In December, Cointelegraph reported that a study conducted by the Australian-based cryptocurrency exchange Independent Reserve found that the number of Australian women investing in cryptocurrency had doubled from 10% in 2020 to 20% by late-2021.

A poll conducted by KuCoin in Turkey in 2022 revealed a more even proportion of male and female crypto users in the country, with women accounting for over half (47%) of all crypto investors and 63% of the crypto-curious demographic. While the trend toward greater equality in crypto appears to be beneficial, there are still major discrepancies in certain sections of the business. Female creators account for only 5% of overall market sales in the NFT sector.

Women Seem Greater Cautious Towards Danger Then Male Population When It Comes To Investing

Cryptocurrency ownership continues to rise on a global scale. According to a survey issued last week by KuCoin, over half of the German population is willing to invest in cryptocurrency, with women accounting for 53% of that total. Florian Döhnert-Breyer, managing director of German crypto fund F5 Crypto, believes Germany will become a role model for the wider acceptance of cryptocurrency investing: As the EU’s largest country.

The large percentage of women interested in cryptocurrency is especially encouraging, given that this demographic is often less involved in the financial markets (e.g., stock market). 

Grayscale research from 2019 suggests that women are more risk-averse investors than males, which is often cited as a reason for the gender gap in the number of female and male crypto investors.

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Steve Anderrson
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Source: https://www.thecoinrepublic.com/2022/04/02/the-number-of-norwegian-women-who-hold-cryptocurrency-has-doubled-matching-worldwide-patterns/